Troy MI Multi-family Properties For Sale
The median home value in Troy, MI is $376,800. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Troy, MI is $376,800. Approximately 71.39% of Troy homes are owned, compared to 23.68% rented, while 4.93% are vacant. Troy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Troy real estate agent to arrange a tour today!
Learn More About Troy Real EstateStatistics & facts
86,912
Population
$376K
Medium Home Value
32,749
# of Households
4.93%
Housing Vacancy
46.37%
Future Job Growth
1.30%
Unemployment Rate
For Sale
$352,000
Holiday Drive
Ionia, MI 48846
Listing Courtesy of: Darin Elliott - Greenridge Realty (Ionia) 616-527-3720
For Sale
$352,000
167&187 Holiday
Ionia, MI 48846
Listing Courtesy of: Darin Elliott - Greenridge Realty (Ionia) 616-527-3720
For Sale
$315,000
604/606 N Dexter
Ionia, MI 48846
Listing Courtesy of: Darin Elliott - Greenridge Realty (Ionia) 616-527-3720
For Sale
$315,000
N Dexter Street
Ionia, MI 48846
Listing Courtesy of: Darin Elliott - Greenridge Realty (Ionia) 616-527-3720
For Sale
$315,000
N Dexter Street
Ionia, MI 48846
Listing Courtesy of: Darin Elliott - Greenridge Realty (Ionia) 616-527-3720
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2025 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2025 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2025 Realcomp II Ltd. Shareholders.
Population
Troy has a population of approximately 86,912 and experiences a population change rate of 7.35%. The population density is 2,597.2 / sq mi.
Household
The median household income for Troy is $107,550, with 32,749 households and an average household size of 2.64.
Cost of Living
The cost of living index in Troy is 125.4%.
Home Value
The median value of a home in Troy is $376,800 with an appreciation rate of 10.8%. 71.4% of housing in the city is owned while 23.7% is rented.
Employment
The unemployment rate in Troy is 1.30%, and recent job growth is at 0.83%. Future job growth is projected at 46.37%.
Taxes
The sales tax rate in Troy is 6.00%, while the income tax rate is 4.25%.
Education
School expenditures in Troy are $15,188, and the school ratio is 17:1.
Weather
The average high temperature in July is 83 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 32.7 inches per year, with 32.6 inches of snow per year.
Education near Troy MI
| Metric | City | County |
|---|---|---|
| High School Graduates | 96.27 | 94.65 |
| College Degree - 2 year | 7.67 | 8.33 |
| College Degree - 4 year | 62.4 | 48.94 |
| Graduate Degree | 21.85 | 15.77 |
| Expenditures per Student | $15,188 | $15,188 |
| Students per Teacher | 17.00 | 17.00 |
Elementary Schools near Troy MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Addams Elementary and ECC | PK - 05 | 461 | 15.3 | 48073 |
| Alfred E. Upton Elementary School | KG - 05 | 283 | 15.7 | 48073 |
| Barnard Elementary School | KG - 05 | 475 | 17.8 | 48083 |
| Bemis Elementary School | KG - 05 | 561 | 17.9 | 48084 |
| Costello Elementary School | PK - 05 | 330 | 15.5 | 48085 |
| Hamilton Elementary School | PK - 05 | 451 | 17.1 | 48098 |
| Hill Elementary School | PK - 05 | 308 | 14.9 | 48085 |
| Kenwood Elementary School | PK - 05 | 258 | 13.2 | 48017 |
| Leonard Elementary School | KG - 05 | 448 | 18 | 48085 |
| Martell Elementary School | PK - 05 | 454 | 15.7 | 48098 |
| Morse Elementary School | KG - 05 | 443 | 15.9 | 48083 |
| Northwood Elementary School | KG - 05 | 490 | 21.9 | 48073 |
| Oak Ridge Elementary School | KG - 05 | 431 | 18.4 | 48073 |
| Paul A. Schalm School | KG - 05 | 467 | 15.9 | 48017 |
| Pembroke Elementary School | KG - 05 | 312 | 13 | 48084 |
| Schroeder Elementary School | PK - 05 | 524 | 19.3 | 48084 |
| Susick Elementary School | PK - 05 | 417 | 19.1 | 48083 |
| Troy Union Elementary School | KG - 05 | 475 | 17.9 | 48085 |
| WASS Elementary School | PK - 05 | 421 | 17.2 | 48085 |
| Wattles Elementary School | KG - 05 | 466 | 17.6 | 48083 |
| Woodland Elementary School | KG - 05 | 393 | 14.5 | 48098 |
Middle Schools near Troy MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Baker Middle School | 06 - 08 | 738 | 16.8 | 48083 |
| Boulan Park Middle School | 06 - 08 | 751 | 18.2 | 48084 |
| Clawson Middle School | 06 - 08 | 386 | 15.4 | 48017 |
| Larson Middle School | 06 - 08 | 693 | 17.6 | 48085 |
| Smith Middle School | 06 - 08 | 666 | 18.1 | 48085 |
High Schools near Troy MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Athens High School | 09 - 12 | 1529 | 16.9 | 48085 |
| Clawson High School | 09 - 12 | 583 | 17.9 | 48017 |
| Early Career Academy | 11 - 12 | 36 | 9 | 48083 |
| Niles Community High School | 09 - 12 | 112 | 10.9 | 48098 |
| Royal Oak High School | 09 - 12 | 1278 | 19.2 | 48073 |
| Troy High School | 09 - 12 | 2018 | 18.4 | 48098 |
Ungraded Schools near Troy MI
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Churchill Community Ed. Center | 09 - 12 | 124 | 13.3 | 48073 |
| * Troy Continuing Education | 09 - 12 | 52 | 9.7 | 48098 |
